I wouldn't take the 90 pip retracement so seriousely when markets were closed. The right question is how to interpret the GAP between friday closing and today oprning which was with NZ and Aussies. And regarding the gap - we have different ...

Big Boys DID IT AGAIN

Here's what happened.

Big Boys DID IT AGAIN

Strong reason, but IMHO still not big enough for such behaviour

Big Boys DID IT AGAIN

Yep, such moves are not a usual thing. Even if we take the weekend when Saddam was captured, we had a 170 pips gap on EURUSD (as far as I remember). And now, without any serious reason except for thin market conditions and friday squeeze and break ...

Big Boys DID IT AGAIN

Australia - OPEN New Zealand - OPEN Japan - will open within an hour from now...

Big Boys DID IT AGAIN

Well said!

Big Boys DID IT AGAIN

BTW, it was also on GBP... have to love it!

Big Boys DID IT AGAIN

Even those who guarantee filling the stop loss, they guarantee when market is open. Now, when market simply opened higher, they may claim filling on the "first market price". It happened to me even with "guaranteing" brokers for big volume trades... ...

Big Boys DID IT AGAIN

STOP LOSS!!! why not use it? I made this mistake several times in the last 5 years, and believe me it cost me more that 4500.... and even more than 45000... NEVER!!! NEVER without a stop.

Big Boys DID IT AGAIN

Yes, there was a kind of triangle, which can take us high to the sky, but we already reached 1.9460!, and I think we should see squeeze and try 1.95. As u can seen on the chart above, 1.9450 - 1.9500 is the first resistance on the way up. Lets see ...

Cable Update (GBPUSD)

good point(s)!

Dollar Bust?

Here is same question asked on MT forum... check it out: MT I dont know about printed version, but here is what I know online: My personal favorites: Futures Magazine Of course, most reputable FX focused manazine is the FX WEEK Innerworth - not ...

Are there some FOREX magazines in USA ?

Hi Everyone! Well, Ahmed, you know - in 2003 when the price was rising towards 1.25 the ECB was saying 1.25 would hurt exports; in 2004, when price was getting close to 1.3, they were saying 1.3 would hurt the exports... now its the 1.35 that will ...

EURUSD

my 2 c on Cable: Same as I though on Friday: If we manage to hold above March 2006 high which is around 1.9300/30, it should be a positive thing for cable, and leave the way clear to almost a year highs of 1.9500.

Cable Update (GBPUSD)

First Of all I want to say hello to everyone. I am new here but I read a lot about this forum and people around here. So I am glad to join the forum A bit on euro history: Actually, before 1999, the Euro didnt even exist. We had ECU (or XCU) ...

Dollar Bust?